01-Feb-2026      12:41

FM proposes duty-free imports of certain specified inputs for leather exports sector

Finance Minister Nirmala Sitharaman proposed duty-free imports of certain specified inputs for promoting the country's exports of leather. The move will help provide cushion to leather exporters who are reeling under the steep 50 per cent US tariffs. The country's leather and leather products shipments dipped marginally 0.23 per cent to USD 3.3 billion during April-December 2025-26. duty-free imports of certain specified inputs for leather exports sector

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